TSXV:EVE.H - Post by User
Comment by
GhostOfGoldyon May 31, 2021 8:41pm
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RE:Q1/21 sold $2,055,745 but lost $2,082,029 doing it.
RE:Q1/21 sold $2,055,745 but lost $2,082,029 doing it. And only used 8K cash over three months, pretty impressive there boobyz. Cry more.
reallyBobbyZ wrote: EVE lost $2,082,029 as it sold $2,055,745 [net of excise tax].
In Q1/21 EVE borrowed the second $500k of the $1,000,000 high cost private placement loan.
EVE's trade payables were $8,422,469 at end of Q1/21 vs $7,257,875 at end of Q4/20.....an increase of $1,164,594 owed to suppliers, etc.
EVE says it got $1.28/gm in Q1/21 = $581.12/pound (454 x $1.28).
EVE sold about 1,606,050 gms in Q1/21 = 1,606 kgs. (Sales of $2,055,745 / $1.28 = 1,606,050 gms).